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IndiaPoliticsWorld

Electoral Bonds Fact Check: Has a Pakistani company donated to political parties in India? Know what’s the truth

Giriraj Sharma
Last updated: March 15, 2024 1:56 am
By Giriraj Sharma
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Electoral Bonds: How Did Pakistan Fund India's 2019 Elections? PAK's Power Company Among Donors, Shocking Revelations
Electoral Bonds: How Did Pakistan Fund India's 2019 Elections? PAK's Power Company Among Donors, Shocking Revelations
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Electoral Bond Details: The Election Commission made the details of electoral bonds public on Thursday (14 March). Following the instructions of the Supreme Court, State Bank of India (SBI) had shared the details with the Election Commission on March 12. On looking at the details of electoral bonds, a surprising information has come to light. On scrutinizing the details, it is found that a power company of poor Pakistan has also donated to Indian political parties. 

In fact, this Pakistani company, which gives election donations to Indian parties, operates in the neighboring country as a power producer. The name of the company is ‘Hub Power Company Limited’ (HUBCO), which is the largest power producer of Pakistan. The name of Hub Power is appearing in the information uploaded through the Election Commission. This Pakistani company has donated about Rs 95 lakh to political parties on 18 April 2019. 

Table of Contents

  • The names of all those companies which had donated through this bond. One name in this list is Hub Power Company. Strange things are going on about this company on social media. It is being told that this company is from Pakistan. We are telling you what is the truth?
  • What’s going on on social media
  • what is the truth
  • Why was there confusion?
  • Big companies among donors
  • What else was revealed in the electoral bond details?
  • Details of Electoral Bonds submitted by SBI

The names of all those companies which had donated through this bond. One name in this list is Hub Power Company. Strange things are going on about this company on social media. It is being told that this company is from Pakistan. We are telling you what is the truth?

What’s going on on social media

A post appeared on social media – “A Pakistan based company, Hub Power Company, donated Electoral Bonds weeks after the Pulwama attack!”(A Pakistan based company, Hub Power Company, donated Electoral Bonds weeks after the Pulwama attack!) .)

Contents
Table of ContentsThe names of all those companies which had donated through this bond. One name in this list is Hub Power Company. Strange things are going on about this company on social media. It is being told that this company is from Pakistan. We are telling you what is the truth?What’s going on on social mediawhat is the truthWhy was there confusion?Big companies among donorsWhat else was revealed in the electoral bond details?Details of Electoral Bonds submitted by SBI

what is the truth

The Hub Power Company that is being talked about in such posts is not a Pakistani company. This company is purely Indian. Its address has been given in the registration as Gandhinagar area of ​​the national capital Delhi.

Why was there confusion?

People are confused because there is a power sector company in Pakistan, Hub Power Company Limited (HUBCO). It has an installed capacity to generate 3581 MW electricity. The company’s hub plant is in Mouza Kund (Mouza Kund, Balochistan). Apart from this the company also has many plants.

Big companies among donors

Looking at the data uploaded through the Election Commission, it is known that Grasim Industries, Megha Engineering, Piramal Enterprises, Torrent Power, Bharti Airtel, DLF Commercial Developers, Vedanta Limited, Apollo Tyres, Lakshmi Mittal, Edelweiss, PVR are involved in purchasing electoral bonds. , Keventer, Sula Wine, Welspun, and Sun Pharma.

What else was revealed in the electoral bond details?

Looking at the data uploaded through the Election Commission, it is known that Grasim Industries, Megha Engineering, Piramal Enterprises, Torrent Power, Bharti Airtel, DLF Commercial Developers, Vedanta Limited, Apollo Tyres, Lakshmi Mittal, Edelweiss, PVR are involved in purchasing electoral bonds. , Keventer, Sula Wine, Welspun, and Sun Pharma. 

BJP, Congress, AIADMK, BRS, Shiv Sena, TDP, YSR Congress, DMK, JDS, NCP, Trinamool Congress, JDU, RJD, AAP and Samajwadi Party have encashed these electoral bonds. Future Gaming and Hotel Services (Rs 1,368 crore) and Megha Engineering and Infrastructure Limited (Rs 966 crore) have bought the highest value of electoral bonds.

Details of Electoral Bonds submitted by SBI

Details-of-Electoral-Bonds-submitted-by-SBI-Part-IDownload
Details-of-Electoral-Bonds-submitted-by-SBI-Part-IIDownload


TAGGED:Election CommissionElectoral BondPakistanSupreme CourtTop Stories
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ByGiriraj Sharma
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Over 25 years in journalism with interests in politics, society, environment, development, education, health, and emerging tech like AI. [ Former Editor (M&C) Zee Regional Channels | Coordinating Editor, ETV News Network/News18 Regional Channels | State Editor, Patrika Chhattisgarh | Digital Content Head, Patrika.com | Media Consultant | Persona Designer ]
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